Confirmed: 2017 Chevy Bolt will start at $37,495

$7,500 tax credit brings that down to $29,995

While it was widely speculated that the Chevy Bolt would slide under $30,000 after tax breaks, Chevrolet finally released the official price of its EV. The Bolt will start at $37,495, which means, after a potential tax credit of $7,500, it will hit the rumored price point. So, after you talk to your tax wizard, the Bolt will only set you back $29,995.

For the price, you'll get the base-trim LT sporting a 10.2-inch touchscreen infotainment system, cloth seats and a backup camera. The top-trimmed Premier nets you heated front and rear leather seats, a surround camera and a rearview-mirror camera.

Of course, Chevy released an official EPA 238-mile range last week. That makes the Bolt a sub-$30K full EV with a range that should satisfy most folks' daily needs. With the Bolt hitting dealerships later this year, Chevy could put a dent in those Tesla Model 3 preorders.

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